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Sidman Products's common stock currently sells for $71 a share. The firm is expected to earn $6.39 per share this year and to pay a
Sidman Products's common stock currently sells for $71 a share. The firm is expected to earn $6.39 per share this year and to pay a year-end dividend of s3.50, and it finances only with common equity. a r investors require a 9% return, what is the expected growth rate? Round your answer to two decimal places. Do not round your intermediate calculations. (Hint:9- . Round your tr Sid an e vests retained earnings in projects v hose average retum is equal to the stock's expected rate or return t at ill be next year's EPS? Hint: g = 1 Payout at Roe Round your answer to the nearest o nt o not round your inter ediate calculations per share
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